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US Imposes 50% Tariffs on Indian Goods Over Russian Oil Purchases

US Imposes 50% Tariffs on Indian Goods Over Russian Oil Purchases
Saralnama

On 27 Aug 2025, US President Donald Trump raised tariffs on Indian goods to 50%. This increase doubles the previous 25% tariff due to India buying Russian oil. The tariffs affect items like garments, gems, footwear, and chemicals. Talks between India and the US failed over farm sector access and oil purchases. The tariffs may hurt Indian exporters and jobs, including in Gujarat. The Indian government plans to help exporters and encourage trade with other countries like China and the Middle East. This move increases tension between the two large democracies and strategic partners. (Updated 27 Aug 2025, 16:35 IST; source: link)